BitMEX Shuts Down After 12 Years | Bitcoin and Crypto News

BitMEX, the crypto exchange that revolutionized trading with perpetual swaps, is shutting down—giving users until September 23, 2026, to withdraw funds. New sign-ups are closed, and open positions will auto-close before the final shutdown. Once a pioneer since 2014, BitMEX now faces stiff competition from newer, more agile platforms and decentralized alternatives. Despite past legal hurdles and a stellar security record—never losing user funds to hacks—the exchange’s era is ending as traders and liquidity migrate to more flexible, less regulated markets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/083535660a629652